Budget 2013 lacks vision: Narendra Modi

Strongly criticizing the Union Budget 2013-14 of the UPA government, Gujarat Chief Minister Narendra Modi said that the Budget reflects the disconnect between the government and the people of the nation. He added that there is no linkage between the Budget and the 12th 5 Year Plan and that it lacks a growth strategy for India’s economy.

Modi opined that the Budget fails to reflect the dreams of development that the people of India have. He pointed out that Budget provides no direction on issues such as skill development and job creation for the youngsters.

Speaking on the demographic dividend, Modi said that that the Prime Minister has been talking about the demographic dividend in NDC meetings but only a sum of Rs 1000 crore was allocated for skill development.

Modi said, "Considering the global economic scenario, the Indian economy would not improve. In this atmosphere of poor economic conditions along with rising prices, declining growth rates, dismal job creation, high current account deficit and fiscal deficit the people expect decisive and brave decisions whereas the same is not reflected in the Budget."

On food inflation, Modi said that the government was late to realise the dangers of food inflation.